HOPE YOU HAVE SOME INSURANCE ON YOUR CRYPTO

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I was thinking about the concept from the sliding of the financial market these days. I know such products exist into the financial world for certain plan where you put your money away for a while and the company owes you at least what you put in and in some cases you even get to keep the profit in due time if you rebalance within the bull market time so you are protected during bear or eventual withdrawal. That would be fantastic to have some kind of insurance for crypto in that matter.

I am sure it could exist for the abundance of mind but due to volatility in crypto be ready to pay the hefty price since the risk is so high.
You can read some companies are stopping withdrawal for the safety of the community. Welcome to centralized crypto companies. Right now all eyes are on #Microstrategy and El Salvador. We have been watching them for a while pushing crypto all over the place.
No bad news so it is all good news to say the least.
Lately #Tesla is quiet about crypto. I guess the twitter drama is enough to fill the void. As you know the dire situation is everywhere, not just crypto.
The stock market is really going through the bear market literally.
It sounds louder into the digital world due to the overwhelming of support crypto gains as the new form of money.

It is to say all markets are related to a point...

At one time crypto market was at $3 trillion. Now it is barely holding below a trillion. All cryptos are still around. There is no missing crypto due to drop of value. We up the value by pushing demand. Institutions are buying in, whales are putting the crypto market on notice.
With FEAR so high we down the market value by selling everything at any cost. This is the result of mixed feeling with a situational aspect of life today. Why not blame inflation? It is so easy to play that game knowing this is not only the root cause of the transitory of crypto going so low. I do not think we are there yet for crypto to be the wall to block inflation. Even #Gold cannot control itself by losing value.

Liquidity plays a major role in all of this. Terra/Luna drama did punch a hole proving we have work to do. I will not say it is all #stablecoins fault but we need application that can mimic fully the value it is design to withstand. Tough for stablecoins to peg any fiat knowing the fiat itself is backed by what !
Glad to notice the work belongs to the holders. Not everyone will sell crypto for fear of losing everything. This is where you miss the boat. Many are willing to hold just to prove the crypto belief system is alive. The same way FED does not print money, it is the same way you cannot push value to crypto indefinitely without consequences. Formally to go from point A to point B, there should be constant effort to build enough resistance long term and enormous use case.

ANY INSURANCE?

I am not aware of this part in crypto. Usually insurance is all about sharing the loss burden on a group instead of holding the whole loss by yourself. The proper way the notion of insurance can be adjust in a decentralized aspect has to do with the power of the community. Hive price is dropping due to effect of exchanging it versus BTC and the market. It will rebound due to supply and demand.
Hive is solid to the aspect of what defines since inception.
Hive communities has grown to comprehend what we have at stake: Smart media, NFT, WEB3.0 etc...

Believe me #HBD at 20% is a form of insurance that can sustain HIVE to the limit of time. Let's hope more holders see the writing on the wall and continue to build HBD portfolio conductively maintaining Hive where it should be. So far we have done the hard part holding. The easy part consists of focusing and channeling use cases and value to Hive constantly.

When you cannot afford insurance you form a model that can cover your loss in the long run. This is part of life that a loss can occur at any time without planning. This is what insurance does planning for unforeseen incident.
By the way we are all aware crypto is the changing we are all looking for.
Moment like this can send you into second guess.

BTC itself is about less than two million to mine. Definitely it is getting rare to mine. Most of us have to buy BTC in the long run. The fiat you have cannot lay around catching inflation losing value. This is one form of insurance you need to bet on. Grab some crypto,it does not matter how low it goes. I heard $3500/BTC. It is what it is.
I am thinking deeply about Hive.

HIVE

Before I jump to Hive #Leo is at 5 cents. This is the best entry you can ask for. Tomorrow #LPUD is a statement move for everyone. You still need to do your homework for any move in crypto. Losing or WINNING in crypto are all about gathering EXPERIENCE and find your click. Again crypto value is a community effort day after day. Why 2022 all cryptos are heading South when the real party is heading North? Maybe everyone needs to check their crypto compass to stay on target.

Hive is getting to the point it should bring more interest to diamond hands. We all know how high it did reach but we do not know the highest. While it is affordable it is the moment of truth to gather. 2022 was not going to be an easy year. The same can be said for 2023. So your readiness has a lot to do for 2024. Fortunately there will always be rough time. In between there will be some cool time where you get to the top due to effort you build upon yourself.
Hive was born in dire time so I am not even thinking of anything drastic these days.
Hope to get to my goal quicker this year with where things are right now.

CRYPTO OR NO CRYPTO

This could be the decision you see going forward if this dilemma persists with price dropping to our knees. Like always some will write less. Some will simply disappear not able to withstand this crypto summer. Some will find engagement more appealing. Some will find ways to maximize every opportunity and find the right mix during this time. Just keep it serious, you have to hold something. Either you hold into the ancient narrative and step aside, or you continue to perfect your craft and venture into your crypto knowledge.
Rome was not built in one day.
Your precarious move will add or deduct to the value you bring to crypto sphere.
This adventure by itself is an insurance against the way the financial market is heading.
Hope you plan and participate in #LPUD.
Keep on vesting.

Posted Using LeoFinance ^Beta